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LOANS BILL 1986

Order of the Day read for the adjourned debate on the motion of the Minister for Finance (Senator Walsh)-That this Bill be now read a second time.

Debate resumed.

Senator Messner moved an amendment, viz: At end of motion, add ""but the Senate notes with concern the continuing increase in the nation's indebtedness, the continuing balance of payments and trade crisis, the continuing high levels of interest rates and the government's cosmetic approach to the reduction of its spending outlined in the recent Budget''.

Debate continued.

Senator Crichton-Browne addressing the Chair

And it being 5.30 p.m.-

Pursuant to Order, consideration of Government Business, Order of the Day No. 25 was called on.